The shareholders of Walt Disney Co. have made a significant decision by rejecting a proposal to withdraw from the Corporate Equality Index by the Human Rights Campaign. This index evaluates companies based on their support for equality for LGBTQ+ employees, including lesbians, gays, bisexuals, transgender, and queer individuals.

Recent news regarding job cuts at Walt Disney Co. has drawn attention to significant changes within the company’s operational structure. According to an internal memorandum, the company plans to eliminate approximately 200 positions, marking a notable step toward optimizing business processes.

The Walt Disney Company $DIS has made a robust start to the new fiscal year by surpassing analysts' expectations in its first-quarter financial results. This impressive performance was driven by the success of the animation blockbuster "Moana 2" and increased revenue from its streaming services.